Miller Tabak

Fed Cuts Key Rate by Half Point to 1% (at TheStreet.com)

The Federal Reserve dropped its benchmark interest rate target by 50 basis points to 1% on Wednesday, a widely anticipated move intended to help free up the credit markets. The latest drop in the Fed funds rate target comes...

Fed heads toward uncharted territory

NEW YORK (CNNMoney.com) -- The Fed lowered its federal funds rate, the benchmark overnight lending rate at which banks lend to one another, by a half-percentage point to 1.5% in an emergency announcement Oct. 8. In fact, the...

Blue Chips Jump 889.35 Points

For a second time this month, stocks surged more than 10%. A day after closing at a 5½-year low, the Dow industrials leapt 889.35 points, or 10.9%, the second-biggest point gain in the Dow's 112-year history.

Blue Chips Jump 889.35 Points (at The Wall Street Journal Online)

Historic Gain for Dow; Is a Bottom Near or More Declines Likely? By PETER A. MCKAY and E.S. BROWNING For a second time this month, stocks surged more than 10%. It was the second-biggest point gain in the Dow's 112-year history,...

NBR Transcripts-October 28, 2008

Tuesday, October 28, 2008 Stocks Surge in the Final Hours of Trading SUSIE GHARIB: Optimism returned to Wall Street today in the form of a powerful late-day rally. Tomorrow, economist Brian Sack expects the Fed to act on that...

Will the Fed go below 1%

Ben Bernanke & Co. are likely to cut interest rates again on Oct. 29. The Fed lowered its federal funds rate, the benchmark overnight lending rate at which banks lend to one another, by a half-percentage point to 1.5% in an...

Around the Street: Tracking the Fed's Moves

Here are some issues that Wall street economists and strategists see the FOMC addressing at its two-day meeting this week One phrase you probably haven't been hearing in recent weeks: "do-nothing central banker". BusinessWeek...

S&P Says Home Prices Fell 16.6% In August

Tuesday morning, Standard and Poor's released its report on home prices in the month of August, showing that prices for existing single family homes saw continued broad based declines, extending a trend that prevailed...

Around the Street: Tracking the Fed's Moves - BusinessWeek

Here are some issues that Wall street economists and strategists see the FOMC addressing at its two-day meeting this week One phrase you probably haven't been hearing in recent weeks: "do-nothing central banker". BusinessWeek...

Will the Fed go below 1%?

Ben Bernanke & Co. are likely to cut interest rates again on Oct. 29. The Fed lowered its federal funds rate, the benchmark overnight lending rate at which banks lend to one another, by a half-percentage point to 1.5% in an...